Q&A
Answers to some common questions follow. Should you have a question not addressed here, please feel free to contact us and we are happy to get you the information you need.
The Virginia Episcopal Investment Funds (VEIF) is one of the oldest Episcopal organizations in Virginia, with roots to 1754. Today, VEIF’s mission is to enable and grow the ministries of Episcopal parishes and organizations in Virginia through faithful management and investment of funds. Our funds are used by the Diocese of Virginia as well as Virginia Episcopal churches, schools, and organizations.
An elected Board of Trustees oversees VEIF. These Trustees, all of whom are active Episcopalians, are selected for their expertise in investments, law, or business. The Trustees have developed an Investment Policy Statement (IPS) and engage professional organizations to manage investments under this IPS.
Episcopal churches and organizations within the Commonwealth of Virginia can invest in VEIF’s investment funds.
VEIF provides professionally managed investing, reporting, and customer service specifically designed to support Episcopal organizations.
The Virginia Episcopal Investment Funds provide:
- Three investment funds to tailor and achieve specific financial objectives to fuel your ministries.
- Professional investment management for small and large church organizations.
- High quality investment advisors producing above-market returns that would be unavailable to churches with small endowments / investment accounts.
- Independent and objective decision-making, to eliminate potential organizational conflict and provide continuity of expertise.
- Cost-effective financial services with no minimum investment required.
- Ethical investment of participants’ funds, and
- Connection to Diocesan financial, stewardship, and planned giving resources.
VEIF offers three funds tailored for the needs of Episcopal organizations: Balanced, Short Term, and All Equity. We welcome the opportunity to speak with you about our funds and help you select the fund or funds that best meets your needs.
Our offerings are governed by an Investment Policy Statement, which expresses VEIF’s commitment to uphold the integrity Canon 13.2 on Episcopal values in the Canons of the Diocese of Virginia.
No. To encourage investments of all sizes, there is no minimum investment for any of the VEIF funds.
On average, an account can be established within 10 days of VEIF receiving the paperwork and initial deposit. Please Contact Us to open an account.
Yes. Authorized representatives can view their organization’s account information, including monthly balance, investment performance, and ten years of account history by clicking User Login at the top of any page on this site.
Please Contact Us if you have any questions about access or need to establish access.
VEIF’s staff is always delighted to hear from you. Please use our Contact Us form to get in touch.
VEIF engages a professional administrator, TCG, for investment accounts, and their staff is also available to assist, particularly in online access.
As our accounts grow, our operating costs are spread over a larger asset base of pooled resources and all Participants (including the Diocese of Virginia) benefit from these economies of scale. By investing with VEIF, you will enlarge the participant pool and lower management costs for all. VEIF earns no profit—all earnings, net of operating costs, go to Participants. The more successful VEIF is in its work, the more funds are available for Episcopal
mission and ministry throughout Virginia and the world.
As of January 2026, VEIF serves approximately 150 Episcopal parishes and organizations in the Commonwealth of Virginia.